To: Long John who wrote (66425 ) 10/15/1999 9:52:00 AM From: Jenna Read Replies (2) | Respond to of 120523
<<ALERT>>#1 and #2 todays watch list moving, #6 EP for the 15 is also up and a good one.. bargains.MCHP up after a good earnings report. TENF remember that one? Its been up day after day sailing along up 1 now. Excellent report. I would not go long for bargain hunting but hang and wait for the major storm to over. EP #1 for October 8 reported after the close Thursday is up, #3 EP Oct 11, also up after super earnings report.techstocks.com TenFold Announces Third Quarter Results; Record Sales and Income Continue into Third Quarter SALT LAKE CITY, Oct. 14 /PRNewswire/ -- TenFold Corporation (Nasdaq: TENF - news) today announced results for the quarter ended September 30, 1999. Revenues, net income, and net income per share for the third quarter of 1999 were $23.5 million, $2.5 million, and $0.07, respectively. Third quarter revenue of $23.5 million was up 113% compared to the same period in the prior year, and was up 23% compared to second quarter 1999 revenue of $19.0 million. Revenues for the first nine months of 1999 of $58.5 million increased 145% over the first nine months of 1998. Revenues from license fees for the third quarter of 1999 increased 151% over the same period in the prior year and grew to 44% of total revenues for the third quarter of 1999, up from 39% of total revenues for the second quarter of 1999. Third quarter net income of $2.5 million was up 347% compared to the same period in the prior year. Third quarter net income increased 135% compared to second quarter net income of $1.1 million. Net income for the first nine months of 1999 was $3.9 million compared to $139,000 for the same period in the prior year. Third quarter earnings per share of $0.07 compared to $0.01 for the same quarter in the prior year.